Restaurant Brands Says Majority Shareholder Makes Takeover Offer; Shares Hit 52-Week High

MT Newswires Live
Oct 14, 2025

Restaurant Brands New Zealand (ASX:RBD, NZE:RBD) said Finaccess Restauracion made the formal offer to acquire all the ordinary shares in the company that it does not already own for NZ$5.05 per share, according to a Tuesday filing with the Australian and New Zealand bourses.

The offer price represents a 79.6% premium to the company's one-month volume weighted average price, the filing said.

Finaccess's offer is open till Nov.12, and is its final and best offer, the filing added.

The company's independent board committee recommended shareholders not to take action in relation to the offer, the company said.

Restaurant Brands' major shareholder, Accident Compensation, has entered a lock-up deed to accept the offer, the company added.

Shares of the company rose 2% in recent Tuesday trade and earlier hit a 52-week high.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10